Successful bid price of solar plus storage project in Spain 2026


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Each successful bid implies that the awarded price will be coincides with its bid price. The price received by the producers under the new Economic Regime for each negotiation period, per unit of energy sold in the

5 FAQs about [Successful bid price of solar plus storage project in Spain 2026]

How much money will Spain spend on energy storage projects?

Spain’s ministry for the ecological transition said on Friday it will allocate EUR 700 million (USD 799.4m) in grants through competitive tendering to support large-scale energy storage projects in an effort to improve grid flexibility and integrate more renewables. Vanadium redox flow battery installed at the Son Orlandis solar farm in Mallorca.

Why is storage important in Spain's energy auctions?

A source from Spain’s energy and environment ministry told Energy-Storage.news that storage has been included in the auctions as “it is key in the transition process towards an emissions-neutral economy and is essential to guarantee supply security, increase competitiveness and guarantee low prices”.

Will storage be allowed to participate in future renewables auctions?

According to Corentin Baschet, head of market analysis at Clean Horizon, storage is likely to be allowed to participate in future renewables auctions in other European markets. “However, storage will only be deployed if it enables the bid to be more competitive, which is not always the case,” he said.

How much does solar PV cost?

Winning projects will receive 12-year power purchase agreements. The average winning price of solar PV bids was €0.0244/kWh (US$0.0295), while the lowest bid was €0.0148/kWh and made by Ignis. Despite the possibility for energy storage to be included in offers, no winning bids featured the technology.

How much does a pumped-storage hydropower project cost?

Maximum eligible costs per storage unit range from EUR 250/kWh for stand-alone storage to EUR 1,500/kWh for new pumped-storage hydropower projects. Aid will be distributed by region, with higher allocations to less developed or transitioning areas in line with EU cohesion policies.

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